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2017-04-14 18:30:00

U.S. RIGS UP 8

U.S. RIGS UP 8

BAKER HUGHES

U.S. Rig Count is up 8 rigs from last week to 847, with oil rigs up 11 to 683, gas rigs down 3 to 162, and miscellaneous rigs unchanged at 2.

U.S. Rig Count is up 407 rigs from last year's count of 440, with oil rigs up 332, gas rigs up 73, and miscellaneous rigs up 2.

The U.S. Offshore Rig Count is down 1 rig from last week to 21 and down 7 rigs year over year.

Canadian Rig Count is down 14 rigs from last week to 118, with oil rigs down 2 to 40 and gas rigs down 12 to 78.

Canadian Rig Count is up 78 rigs from last year's count of 40, with oil rigs up 30 and gas rigs up 48.

      Week   Year
Location Week +/- Ago +/- Ago
           
Land 823 10 813 414 409
Inland Waters 3 -1 4 0 3
Offshore 21 -1 22 -7 28
United States Total 847 8 839 407 440
           
Gulf Of Mexico 21 -1 22 -6 27
Canada 118 -14 132 78 40
North America 965 -6 971 485 480
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 683 11 672 332 351
Gas 162 -3 165 73 89
Miscellaneous 2 0 2 2 0
           
Directional 64 -7 71 13 51
Horizontal 706 11 695 371 335
Vertical 77 4 73 23 54
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 40 -2 42 30 10
Gas 78 -12 90 48 30
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 5 -2 7 -2 7
Arkansas 1 0 1 1 0
California 9 1 8 5 4
Colorado 28 0 28 11 17
Kansas 0 0 0 -6 6
Louisiana 58 -2 60 10 48
New Mexico 58 7 51 39 19
North Dakota 43 1 42 17 26
Ohio 22 1 21 10 12
Oklahoma 125 3 122 62 63
Pennsylvania 33 0 33 17 16
Texas 420 2 418 226 194
Utah 8 0 8 6 2
West Virginia 12 0 12 0 12
Wyoming 18 0 18 10 8
                       
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 2 0 2 0 2
Arkoma Woodford 10 0 10 7 3
Barnett 5 0 5 0 5
Cana Woodford 52 2 50 22 30
DJ-Niobrara 24 1 23 9 15
Eagle Ford 75 3 72 33 42
Fayetteville 1 0 1 1 0
Granite Wash 9 -1 10 5 4
Haynesville 37 -1 38 25 12
Marcellus 45 0 45 17 28
Mississippian 8 0 8 4 4
Permian 339 8 331 198 141
Utica 23 1 22 11 12
Williston 43 1 42 17 26

-----

Earlier: 

U.S. DRILLING UP 35% 

U.S. RIGS UP 15 AGAIN 

CHINA: THE TOP BUYER

U.S. DEFICIT $43.6 BLN 

U.S. RIGS UP 15

 

Tags: USA, CANADA, OIL, GAS, RIG, COUNT

Chronicle:

U.S. RIGS UP 8
2018, May, 23, 10:50:00

OIL PRICE: ABOVE $79 ANEW

REUTERS - Brent LCOc1 futures fell 43 cents, or 0.5 percent, to $79.14 a barrel by 0218 GMT, after climbing 35 cents on Tuesday. Last week, the global benchmark hit $80.50 a barrel, the highest since November 2014. U.S. West Texas Intermediate (WTI) crude CLc1 futures eased 25 cents, or 0.4 percent, to $71.95 a barrel, having climbed on Tuesday to $72.83 a barrel, the highest since November 2014.

U.S. RIGS UP 8
2018, May, 23, 10:45:00

HARD OIL MARKET

FT - Most oil majors can now cover dividends and capital expenditure at prices around $50 per barrel, meaning that, at $80, they make a healthy surplus.

U.S. RIGS UP 8
2018, May, 23, 10:40:00

U.S. THE WORLD'S TOP

EIA - The United States remained the world's top producer of petroleum and natural gas hydrocarbons in 2017, reaching a record high. The United States has been the world's top producer of natural gas since 2009, when U.S. natural gas production surpassed that of Russia, and the world's top producer of petroleum hydrocarbons since 2013, when U.S. production exceeded Saudi Arabia’s. Since 2008, U.S. petroleum and natural gas production has increased by nearly 60%.

U.S. RIGS UP 8
2018, May, 23, 10:35:00

U.S. - CHINA ENERGY TRADE

PLATTS - China became the largest contributor to global LNG consumption growth in 2017. It surpassed South Korea as the world's second largest LNG importer and its share of global LNG demand is expected to converge with that of Japan by 2030.

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